Yes, It is possible for the opportunity cost of an input to be very low or zero if there is no alternative use for it. It means that the statement is true.
The opportunity cost of an input is zero if it has no alternative use. This is so because the cost of alternatives refers to the value of the next best option. Since there isn't an alternative available in the scenario described, the opportunity cost is zero.
The opportunity cost of a certain activity option is defined as the loss of value or benefit that would result from engaging in that activity (the cost) as opposed to engaging in an alternative activity that offers a higher return in value or benefit in microeconomic theory.
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Answer:
Worry refers to the thoughts, images, emotions, and actions of a negative nature in a repetitive, uncontrollable manner that results from a proactive cognitive risk analysis made to avoid or solve anticipated potential threats and their potential consequences.
Answer:
resource allocator
Explanation:
Resource allocator -
In the field of economics , the process of assigning the various resources into their uses , is the task performed by a resource allocator .
The process of deciding , organising the resources , the monetary value , Scheduling the various activities and assigning task of all the employees and duration of project , allotment of project , is the task of a resource allocator .
Hence , from the given information of the question ,
The correct answer is Resource allocator .
Answer:
A, E and D
Explanation:
Bc consumers demand was higher than the production rate, the factories also had a demand for more supplies to create more goods, and there was a shortage of money to pay back to the bank, so the bank had no money to give, etc.
